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Thomas Kean Jr. on Social Security |
| Using Social Security taxes for private accounts | |
|---|---|
| AARP | Opposes |
| Tom Kean, Jr. | Opposes |
| Robert Menendez | Opposes |
A: I am committed to keeping the promise of Social Security for current recipients and those nearing retirement. At the same time, changes will be required to keep the program solvent for future generations. This problem can only be solved through bipartisan cooperation. In the U.S. Senate, I will work with Republicans and Democrats to find bipartisan solutions to the long-term challenges facing Social Security, so that this important program can continue to provide retirement security for Americans far into the future. Lastly, I do not support Social Security benefits for illegal aliens.
KEAN: I oppose privatizing Social Security. Unlike my opponent, I also oppose raising Social Security taxes on seniors and giving Social Security benefits to illegal aliens.
MENENDEZ: No, I strongly oppose privatizing Social Security. Unlike Tom Kean Jr., I've consistently fought President Bush's privatization scheme. We must protect benefits, not cut them.
MENENDEZ: Tom Kean Jr. cannot erase his record when it comes to privatizing Social Security. On three separate instances he took the Bush position in favor of privatization. In 2000, my opponent said that he backed Bush's scheme to privatize social security. In the state legislature, Tom Kean Jr. voted to support Bush's plan to privatize Social Security. Twice. Pres. Bush is again rallying his troops--including Tom Kean Jr.--to create private accounts & dip into the Social Security Trust Fund.
KEAN: In 1999, when Bill Clinton proposed investing Social Security in risky privatization scheme, Bob Menendez said, "by investing today, we can be sure Social Security... will be there tomorrow." Now he says he's against it. Make no mistake, Bob Menendez is ready to privatize Social Security if it is what the political party bosses tell him to do.
Tom is committed to helping Americans save by protecting and expanding the options available for personal retirement planning, including tax-advantaged IRA's and 401(k)'s.